Gold and Silver
Jud
oly
> PM in freefall!
Right now Gold is about 7% below it's recent record high in USD.
About 1.5% of that drop has occurred today. If this excites or shakes
you, you lack a certain perspective. Unless you bought all your
holdings at the top, big whoop.
Doesn't the Red Book mention an old-time miser who issued a token
stating "Never trust a paper dollar until tommorow"???
That's me.
oly
Bremick
"Jud" <numis...@aol.com> wrote in message
news:3204e6c1-4380-4232...@f2g2000vby.googlegroups.com...
> PM in freefall!
Maybe time to buy some more, if you can find some at today's value before
the price swings back the other way as it usually does. Meanwhile, most
stuff that cost a dollar last month will still cost a dollar tomorrow.
oly
> "Jud" <numismat...@aol.com> wrote in message
That's certainly not true in the grocery store or at Wal Mart
recently. Nor at the gas station.
If a food item costs the same as it did two months ago, next you
should check to see if the weight of the package has been reduced.
oly
"Just because you're paranoid doesn't mean that they're NOT out to get
you!!!"
Bremick
"oly" <oly...@aol.com> wrote in message
news:140007a0-24a9-4ee7...@r29g2000yqj.googlegroups.com...
On Jan 20, 10:25 am, "Bremick" <rem...@cox.net> wrote:
> "Jud" <numismat...@aol.com> wrote in message
>
> news:3204e6c1-4380-4232...@f2g2000vby.googlegroups.com...
>
> > PM in freefall!
>
> Maybe time to buy some more, if you can find some at today's value before
> the price swings back the other way as it usually does. Meanwhile, most
> stuff that cost a dollar last month will still cost a dollar tomorrow.
> That's certainly not true in the grocery store or at Wal Mart
> recently. Nor at the gas station.
I just came from the grocery store and my grocery basket, except maybe for
seasonal produce, has stayed about the same price for quite a few months,
some items for even a year or more. Coupon strategies keep the prices down,
too. World dollar fluctuation hasn't manifested itself in my grocery bill
lately to any significant degree. I understand that inflation/price
increases will continue to occur, even as they did when we had
bullion-backed currency. As for the gas station, oil and gasoline prices
seem to go crazy regardless of the movement of the dollar. Maybe I'm wrong,
but I believe OPEC and Wall Street speculators have the most influence here.
> If a food item costs the same as it did two months ago, next you
> should check to see if the weight of the package has been reduced.
Every few years some products do make changes which often result in reducing
the package contents, but that usually is independent of the latest dollar
value or bullion prices. I do try to pay attention to those packaging
maneuvers.
oly
> "oly" <oly2...@aol.com> wrote in message
I personally detect or suspect an across-the-board minimum 10%
increase in my favorite grocery items from mid-December to mid-
January. Fortunately, this has not yet "spilled" over into the
pricing of Busch Bavarian (a kind of gold in and of itself).
In my experience, Wal Mart is the great player in the area of
maintaining prices but reducing product size.
And our fine-feathered Springpatch Gas and Oil Dealers just popped
Gasoline prices by 27 cents per gallon at lunch time today!!! Now
$3.299!!!
oly
oly
>
> - Show quoted text -
A gentleman here in this office just reminded me of Thomas Jefferson's
famous quote: "The Tree of Liberty must be watered from time-to-time
with the blood of patriots, tyrants and gas-station owners".
oly
mazorj
"Bremick" <rem...@cox.net> wrote in message
news:ih9te5$aja$1...@news.eternal-september.org...
Right. While plain old inflation can figure into the mix, size-reduction
strategies usually are tied to cost increases in the contents, which are
mostly driven by commodity prices, which in turn can be driven by bad
weather, bad harvests, bad local politics, or increased demand from other
sectors (such as what's happened to corn prices ever since the corn lobby
got their ethanol boondoggle enacted). The effect of the overseas value of
the dollar is modest compared to the magnitude of these other factors.
mazorj
On Jan 20, 1:32 pm, oly <oly2...@aol.com> wrote:
...
> And our fine-feathered Springpatch Gas and Oil Dealers just popped
> Gasoline prices by 27 cents per gallon at lunch time today!!! Now
> $3.299!!!
>
> oly- Hide quoted text -
>
> - Show quoted text -
A gentleman here in this office just reminded me of Thomas Jefferson's
famous quote: "The Tree of Liberty must be watered from time-to-time
with the blood of patriots, tyrants and gas-station owners".
oly
====================
And lawyers! Don't forget the lawyers. Just be sure to allow it to warm to
room temperature before using - it naturally comes ice-cold from the source.
:-D
Bremick
As I believe I've mentioned before, my own cherished version of Busch
Bavarian is Genessee Cream Ale which is sold in 30-packs of cans at my local
Total Beverage superstore for $13.99. It gradually rose in price from
$11.99 five years ago to $13.99 today. Not too hard to swallow. Meanwhile,
during those same five years my portable $300 Garmin GPS is now selling for
$120, and I just replaced my old $250.00 3.1mpx Canon Powershot with a
14.1mpx version for $150.00. Things we choose to buy have a way of
offsetting each other, pricewise.
> In my experience, Wal Mart is the great player in the area of
> maintaining prices but reducing product size.
Although I've never done any food shopping there, I thought that they would
sell excact the same grocery products as the chain grocery stores.
> And our fine-feathered Springpatch Gas and Oil Dealers just popped
> Gasoline prices by 27 cents per gallon at lunch time today!!! Now
> $3.299!!!
Unit price-wise, that's still cheaper than Busch Bavarian. Plus you could
probably run farther on $3.30 worth of gasoline than on $3.30 worth of
BuBav.
oly
>
> - Show quoted text -
Busch Bavarian versus Gasoline - It depends on what kind of "runs"
you're talking about.
Wal Mart calls all kinds of shots on packaging, product quality and
even profit margins from/for their suppliers that other chain grocery
stores simply cannot.
oly